First Electric Bike Made by Famed Orange County Choppers;
Will Be Featured on Hit TV Show and Donated to Charity

NEW YORK, Aug. 12 /PRNewswire-FirstCall/ -- Siemens (NYSE:
SI) announced today that it has teamed up with renowned custom motorcycle manufacturer Orange County Choppers to build the first custom electric motorcycle. The "Siemens Smart Chopper," which will be featured on the hit TV show American Chopper, was unveiled today in an event at the Time Warner Center.

"We wanted to build this unique chopper to raise environmental awareness and reflect what the 69,000 employees of Siemens USA are doing to help America stay on the cutting edge of tomorrow's green economy," said Daryl Dulaney, President & CEO of Siemens Building Technologies. "Siemens is already very much a part of the fabric of America, and our portfolio is one of the greenest in the business. Green is not marketing hype for us; it is in our DNA."

"If energy or energy efficiency is involved--Siemens is involved," said Randy Zwirn, CEO of Siemens Energy, Inc. "Our technologies are helping to more efficiently and cleanly produce, deliver, consume and conserve energy. And these technologies are here today. This bike represents the spirit of innovation and passion we have for seeking sustainable solutions for our planet."

Orange County Choppers, a leading manufacturer of custom motorcycles, built the Siemens Smart Chopper over the course of a month. Siemens also developed a compatible Smart Grid-ready charger which communicates with the utility to enable charging when the electricity is most affordable.

The motorcycle features and design include:

-- First electric chopper by Orange County Choppers
-- Recycled materials
-- Advanced DC Motors Inc. Series Wound 8" motor
-- LED lighting by OSRAM SYLVANIA, a Siemens company
-- 27 Peak horsepower and maximum speed of 100 MPH
-- Range of 60 miles on a single charge
-- On-board charger that can be plugged into any 110-volt outlet

"Building an electric bike from recycled materials was something new for us, but we definitely enjoyed the challenge and think that the end product makes a great addition to our wide range of unique motorcycles," said Paul Teutul, Sr., founder of Orange County Choppers, based in Newburgh, N.Y. "While electric bikes probably won't surpass traditional ones for the foreseeable future, we also think that energy efficient technologies are increasingly important for both manufacturers and consumers."

Teutul is the driving force behind the family-owned business that grew from a hobby into a 70-person-plus operation that produces and sells 150 custom bikes a year to a broad public ranging from private individuals and celebrities to professional sports teams and Fortune 500 companies. Teutul's custom bike shop is featured on American Chopper, a reality-style TV show, since 2002.

The American Chopper episode featuring the Siemens Smart Chopper is scheduled to air on TLC on Thursday, October 22 at 9PM ET/PT.

Siemens plans to showcase the Smart Chopper at energy and industrial tradeshows and conferences in the coming months. In 2010, the motorcycle will be auctioned off with the proceeds going to a charitable cause that will help benefit the environment.

About Siemens

Siemens is a leading provider of efficient infrastructure solutions, and has one of the largest environmental portfolios today. In FY2008, revenue generated from its environmental portfolio represented around one quarter of the company's total revenue.

Siemens AG (NYSE:
SI) is a global powerhouse in electronics and electrical engineering, and operates in the industry, energy and healthcare sectors. For more than 160 years, Siemens has built a reputation for leading-edge innovation and the quality of its products, services and solutions. With 428,000 employees in 190 countries, Siemens reported worldwide sales of $116.6 billion in fiscal 2008. With its U.S. corporate headquarters in New York City, Siemens in the USA reported sales of $22.4 billion and employs approximately 69,000 people throughout all 50 states and Puerto Rico. For more information on Siemens in the United States, visit
www.usa.siemens.com

About Orange County Choppers

Headquartered in Newburgh, NY, Orange County Choppers is regarded as one of the world's premier builders of custom and production motorcycles. The OCC shop is featured on American Chopper, a reality television series that chronicles the lives of the OCC crew as they battle impossible deadlines to create outrageous custom chopper creations. The show, which has contributed to the company's quick rise to fame, debuted in September 2002 on the Discovery Channel and in 2007, Discovery Channel's sister station, TLC, took over the broadcasting and it now airs on Thursday nights at 9pm ET/PT. For more information, visit
www.orangecountychoppers.com.